BPM Wallet Blog
In my last update I spoke of our progress towards the delivery of our Minimum Viable Product (MVP). I am delighted to announce that not only was the MVP launched on schedule, but it was also successfully showcased during our MVP launch event in London a few weeks ago. The event itself was a remarkable success, and I am proud to share that the app performed exceptionally well.Read More
I am pleased to provide our community with an update on our progress in Q1 2023.
In January we were announced as XRPL Grant winners. We were awarded maximum grant amount, one of only a handful of other projects to EVER get such a high award, across the entire 4 waves. In my opinion, the quality of the code we submitted in our application, as well as the way in which we prepared and handled the technical interview, contributed to us being recognised.
Work is now well underway and the XRPL grant is going to help accelerate our progress as evidenced by the fact we recently (early March) recruited 2 more developers and a dedicated project manager.
Our team is working really hard and are on track to deliver a beta of the MVP in the first half of 2023. Once the MVP has been delivered we will then begin to build it out to add the additional features like the marketplace and rewards hub.
Revellers & Rewards
At the time of writing, 399 people have minted 1149 Revellers from the Revellers NFT collection on onXRP.
Throughout the development process, our belief in Revellers as a key component of our ecosystem has grown. We see Revellers playing a major role and providing real-world utility to NFTs.
We are pleased with the progress we have made so far and we believe that our hard work and commitment will pay off and we will be able to deliver a successful outcome that meets all of the project requirements.
We want to take this opportunity to thank everyone for their support and contributions to the project. Your feedback and ideas have been instrumental in our progress so far. We are committed to continuing to work diligently to achieve our project goals and we look forward to updating you on our progress next quarter.
Thank you once again for your support and encouragement.
Last time I updated the community, we were busy testing our rewards platform and I am pleased to be able to say that this has now been released and has been live for over a month. The initial launch has been a huge success, with millions of BPM being locked away rewarding those loyal supporters of our project.
In the last six weeks, our focus has switched to dealing with the onboarding process of the XRPL grants process and of course getting back to the development of our MVP.
For those that don’t know, an MVP is an approach to software development that focuses on creating a basic version of a product that can be quickly released to the market, allowing the developers to gather feedback and improve the product based on user responses.
Our MVP will consist of 4 parts:
Part 1: Consumer Facing Ticket Wallet Mobile App
Part 2: Venue Ticket Scanning App
Part 3: Promoter Dashboard App
Part 4: Head Office Admin App
We are now full steam ahead with the development of our MVP and we remain on track to have the beta out Q2, with the first in-house trial event in early Q3. If this goes well we expect to be in a position to begin testing the first real-world live events in late Q3, so look out for big announcements around this during the summer.
We hired 2 more developers recently who will help pick up the pace on our MVP development. We are also onboarding a dedicated project manager (starting next week), whose primary goal is to support the successful delivery of the MVP. The further expansion of our team is yet another exciting step forward for the project.
Our CTO Chris Dangerfield provides an update to address the delayed launch.
The rewards platform will be our first major release and the project will be judged on its appearance, security, performance, and general usability. If you care about the long-term prospects of our project then it is in everyone’s interest that rewards platform goes live when it is ready, not to meet an arbitrary roadmap date.Read More
We're thrilled to announce that our blockchain-based smart ticketing start-up has just won a grant of $200,000 from XRPL Grants! This funding will allow us to take our innovative platform to the next level faster, bringing the benefits of distributed ledger technology to the ticketing industry and with that, solving long-standing issues related to ticketing.Read More
Welcome to Revellers BINGO - Gamified minting for pre-Christmas prizes.
How does it work?
The concept is simple, mint a Reveller(s) from onXRP.com and if your traits match the BINGO card, win the matching prize.
Each BINGO card features 20 traits (10x common, 10x rare).
You can mint multiple Revellers to stack traits, but once a prize has been claimed, those Revellers may not be used again. Revellers can NOT be used to claim multiple prizes.Read More
Revellers are a collection of 10,000 NFT avatars that reward holders with VIP in-App access, lock-up reward options, and unparalleled future event experience. It’s important here to acknowledge that Revellers are our Genesis NFT and very much the beginning of the BPM Wallet user journey. If you are not familiar with BPM Wallet, the supporting backbone behind Reveller NFTs be sure to bring yourself up to speed on our website and product deck after perusing the below.Read More
There is nothing quite like being part of the crowd at your favourite event, patriotically supporting your country at the FIFA World Cup, singing shoulder-to-shoulder at a concert with like-minded super fans, or pitching up at a music festival amongst hundreds of thousands of revellers.
Some events are out of reach, perhaps because they’re overseas, sold out or simply too costly. What if you could attend the events you love from the comfort of your home and still enjoy an immersive experience? Would you participate?Read More